Dalio urges less long-duration debt, more gold and Bitcoin
Ray Dalio says investors should reduce bond exposure and consider 10% to 15% in gold plus a smaller Bitcoin position as U.S. debt risks rise.
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U.S. debt tops $40 trillion as Treasury yields pressure bond ETFs
U.S. public debt crosses $40 trillion for the first time, while Reuters says the 30-year Treasury yield rises to 5.337% and Treasury boosts buyback operations for 10- to 30-year securities.